A remarkable research work reports a strong correlation
between employee ownership incidence and the index
of economic freedom.

The author, Ricardo Machado of Porto School of Management
(Portugal), aims to understand the determinants of
the implementation of economic democracy, measured
by the incidence of employee share ownership plans,
within the European Union countries.

The full publication about "The Determinants
of Employee Ownership Plan Implementation in EU Countries
- the Quest for Economic Democracy" is available
for download
here.

Press
review
We have a selection of 43 remarkable articles in 12 countries
in July and August 2016: Canada, China, France, Germany, India,
Ireland, Italy, Poland, Spain, UK, USA, South Africa.Canada: Liberal Government finally preserves favourable
treatment of stock options.China: Decision to pilot an employee stock ownership
plan (ESOP) in some state-owned enterprises.France: Total'sBoard approves ambitious plan
to increase employee share ownership. New employee share plans
for Natixis, for Vallourec, for Axa. Workers' cooperatives
seen as a corporate alternative model. Hard debates about
corporate governance at EDF.Germany: British Classic Motor Cars company turning
to employee ownership.India: All you want to know about ESOP taxation.Ireland: Employees should not be liable to tax on the
exercise of share options.Italy: Banca MPS requested to promote employee shareholders
rights in the framework of its new recapitalization. Ubisoft
bets on employee share ownership to counteract Vivendi's offensive.Poland: About Vice-Prime Minister Morawiecki's intention
to promote employee ownership in Poland.UK: New firms turning to the Employee Ownership Trust
scheme.USA: Employee ownership gaining popular and political
support as the political season heats up. Financing an ESOP.South
Africa: Sharing profits may be better for staff than owning
shares.